Atlassian (TEAM) CEO sells shares at $159–$162 under 10b5‑1
Atlassian Corp (TEAM) disclosed insider sales by CEO, Co‑Founder, Director and 10% Owner Michael Cannon‑Brookes.
Rhea-AI Filing Summary
Atlassian Corp (TEAM) disclosed insider sales by CEO, Co‑Founder, Director and 10% Owner Michael Cannon‑Brookes. On 10/29/2025, he sold Class A common stock pursuant to a Rule 10b5‑1 trading plan adopted on February 20, 2025.
Reported sales included 3,057 shares at $159.541, 250 shares at $162.1424, 2,027 shares at $161.467, and 2,331 shares at $160.4277. Each was executed through multiple trades within disclosed intraday price ranges. Following these transactions, 329,595 shares were beneficially owned indirectly via CBC Co Pty Limited as trustee for the Cannon‑Brookes Head Trust.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 3,057 | $159.541 | $488K |
| Sale | Class A Common Stock | 250 | $162.1424 | $41K |
| Sale | Class A Common Stock | 2,027 | $161.467 | $327K |
| Sale | Class A Common Stock | 2,331 | $160.4277 | $374K |
Footnotes (6)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on February 20, 2025.
- F2. This transaction was executed in multiple trades during the day at prices ranging from $159.01 to $160.00. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F3. Shares are held by CBC Co Pty Limited as trustee for the Cannon-Brookes Head Trust.
- F4. This transaction was executed in multiple trades during the day at prices ranging from $162.05 to $162.24. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F5. This transaction was executed in multiple trades during the day at prices ranging from $161.02 to $162.01. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- F6. This transaction was executed in multiple trades during the day at prices ranging from $160.01 to $161.00. The weighted-average price is reported above. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
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